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Wei Jiafu, former chief executive officer of COSCO, has been named CEO of a Pasadena, California-based company called Apollo Acquisition Corp.
The Port of Rotterdam Authority signed an agreement with the Medan, Indonesia-based port company to conduct a feasibility study on the construction of a new deep water port in Kuala Tanjung.
The Danish conglomerate has been affected by fallen oil prices and low Asia-Europe freight rates.
Tideworks Technology has developed a mobile version of its customer service web portal for the Massachusetts Port Authority called Forecast Mobile Lite.
Ocean carrier CMA CGM will team up with Bolloré African Logistics and China Harbour Engineering Company to build and operate a 1.4 million-TEU container terminal in Kribi.
The Norther California port warned, however, that vessel backlogs could reoccur if more longshore labor is not added.